RSS Feeds Forgot Password | Register
Railways | August 05, 2013
#37662

Sreedharan favours govt funding for metro projects

India's Metro man E Sreedharan favours government funding for metro rail projects instead of implementing them on public private partnership model (PPP) model.

   

He feels private sector funding for such mass transportation projects impede their speedy completion and threaten their viability. Sreedharan is learnt to have said this to a leading media after attending the convocation of GEMS B-School, Mysore Maharaja Institute of Higher Education as chief guest.

   

Addressing the students at the convocation, Sreedharan said the Metro reduced over 200 road accidents deaths every year in Delhi. He added that the punctuality performance of Delhi Metro stood at 99.97 percent. The maximum delay of Delhi metro train would be 60 seconds, he added.

   

Both Konkan railway and Delhi Metro projects were rich experiences. During the Delhi Metro project execution, DMRC used to hold meetings with locals on issues like water supply and power supply disruption. DMRC kept them informed about the project. Hence it was a success, Sreedharan said.

   

Asked how greenery was maintained during the execution of the Delhi Metro project, Sreedharan said for each tree that was felled, 10 saplings were planted.

Advertise Here [670 W x 90 H pixels]
Subscribe Project Reporter
  • Sector News

  • Latest News

  • 20 Dec 2014

    NMRC finalises 21 station for Greater Noida metro project

    read more
  • 16 Dec 2014

    Centre approves proposal to ensure quick transfer of land owned by government departments and PSUs for metro rail projects

    read more
  • 05 Dec 2014

    IRB Infrastructure gets provision certificate for Pathankot Amritsar BOT Project

    read more
  • 05 Dec 2014

    MMRDA approves two metro corridor project for Mumbai

    read more
  • 05 Dec 2014

    GOI gives nod to monorail project in Chennai

    read more
  • 18 Nov 2014

    Telangana government plans to take up road development in a big way

    read more
  • 04 Jan 2015

    PM stresses on improving quality of urban governance...

    read more
  • 04 Jan 2015

    Government to build industrial corridors and smart cities...

    read more
  • 04 Jan 2015

    AP to seek Rs 2,000 crore under Swachh Bharat scheme...

    read more
  • 04 Jan 2015

    BHEL gets 1x800 MW Kothagudem power project...

    read more
  • 04 Jan 2015

    BHEL, HSL and Midhani comes together to bid for submarine project...

    read more
  • 04 Jan 2015

    Develop new airports in Arunachal Pradesh: Thangwang Wangham...

    read more
|
Advertise Here [728 W x 90 H pixels]